Image: George Denegre Jr.
George
George Denegre, Jr.
Shareholder, New Orleans
Hancock Whitney Center
701 Poydras Street
Suite 5000
New Orleans, Louisiana 70139

Overview

George Denegre is a commercial litigator, focusing his practice on securities fraud, professional liability, intellectual property, tax, franchise, and other complex, high-exposure litigation. His experience also includes business torts, trusts and estates and numerous types of contract disputes.  In recent years he has twice been named Best Lawyer’s New Orleans Litigation – Securities “Lawyer of the Year.”

George has represented clients located throughout the U.S. in disputes such as:

  • Securities litigation against issuers and other participants involving allegations of fraud and misrepresentations
  • Professional liability claims against officers and directors for negligence and breach of fiduciary duties
  • Vehicle manufacturer/dealer disputes relating to assigned  territory, audits and buy/sell agreements
  • Class action, multidistrict and other types of complex, multiparty litigation

In addition to litigating in state and federal courts, George has significant experience in alternative dispute resolution, both in arbitration and mediation, and he has previously served as a securities arbitrator. Additionally, he frequently represents automobile and truck manufacturers before the Louisiana Motor Vehicle Commission.

Experience

George's recent representative matters include the following complex, high-exposure cases:

FAILED BANK LITIGATION

  • With other attorneys, secured a $33 million settlement on behalf of the FDIC in a major director and officer case arising out of the failure of Westernbank Puerto Rico. FDIC v. Stipes (D.P.R. 2015).
  • Prosecuted a financial institution bond case for the FDIC arising out of the failure of Westernbank Puerto Rico. W Holding v. Chartis (D.P.R. 2012).

SECURITIES LITIGATION

  • Part of a team that defended a regional brokerage firm against claims by investors for losses of over $350 million arising out of the sale of mortgage backed securities.  (W.D.La. 2017)
  • Represented bank holding company in a large securities fraud litigation relating to derivate securities in a subsidiary’s mutual funds. (19th JDC La. 2013)
  • Led the defense of insurance agents in myriad claims arising out of the sale of an employee welfare benefit plan. See Boes Iron Works, LLC v. Galatas, 974 So. 2d 713 (La. App. 5th Cir. 2007).

CLASS ACTION LITIGATION

  • Part of team that secured denial of class certification to service station owners allegedly impacted by tainted gasoline.  MP Vista, Inc. v. Motiva Enters., 2012 U.S. Dist. LEXIS 134607, (E.D.La. 9/20/12).

APPELLATE LITIGATION

  • Part of the appellate team that secured reversal, in part, by the Louisiana Supreme Court, of a multi-million dollar jury verdict against an oil and gas operator for land contamination, breach of contract, tort, misrepresentation, and wanton and reckless conduct. Marin v. Exxon Mobil Corp., 2009-2368 (La. 10/19/2010), 48 So. 3d 234. (2010).
  • Led appellee team in a case resulting in an important decision by the Louisiana Supreme Court on the re-perfection of creditor’s security interest under the Louisiana Commercial Code. First Nat’l Bank v. Pearl River Fabricators, Inc., 971 So. 2d 302 (La. 2008).

OTHER COMPLEX LITIGATION

  • Was trial counsel for a major energy producer in a U.S. Department of Interior administrative hearing that resulted in the reversal of over one million dollars in penalties imposed by the Office of Natural Resources and Revenue arising out of two federal royalty audits (2017).
  • With other attorneys, secured a large judgment on behalf of McLane Southern Inc. in a Louisiana state tax matter. McLane Southern Inc. v. Department of Revenue (La. App. 1st Cir. 2013).
  • Represented a hospital in a multi-million dollar dispute with its tenants’ insurer on a complex subrogation claim. Lifecare Hosps. of New Orleans, LLC v. Lifemark Hosps. of Louisiana, Inc., 984 So. 2d 894 (La. App. 5 Cir. 2008).
  • Led the defense of insurance agents in myriad claims arising out of the sale of an employee welfare benefit plan. See Boes Iron Works, LLC v. Galatas, 974 So. 2d 713 (La. App. 5th Cir. 2007).
  • With other attorneys, secured a federal court ruling striking down Louisiana’s “violent video game” statute as violative of the First Amendment of the U.S. Constitution and enjoining enforcement of the statute. See Entertainment Software Association v. Foti, et al., 451 F. Supp. 2d 823 (M.D. La. 2006).
  • Defended a local news publication in a trade name and trademark lawsuit.
  • Led the defense of insurance agents in myriad claims arising out of the sale of an employee welfare benefit plan. See Boes Iron Works, LLC v. Galatas, 974 So. 2d 713 (La. App. 5th Cir. 2007).

Involvement

Professional

  • Securities Industry and Financial Markets Association – Member, Compliance and Legal Division
  • New Orleans, Louisiana State and American Bar Associations - Member
  • Law Clerk to the Honorable Morey L. Sear, Judge, United States District Court, Eastern District of Louisiana, 1983–1984

Community

  • St. George Episcopal School - Chairman of the School Endowment Committee, 2018
  • St. George’s Episcopal School - Chairman of the Board of Trustees, 2011–2013
  • Friends of the New Orleans Center for the Creative Arts Institute – Board of Directors, 1998–2008

Recognition

  • Benchmark Litigation, "Local Litigation Star," 2019
  • Best Lawyers’ New Orleans Litigation – Securities "Lawyer of the Year" 2013, 2015-2016
  • Best Lawyers in America, 2005–2019
  • Louisiana Super Lawyers, 2013–2018
  • New Orleans Magazine's “Top Lawyer," 2015-2018 

Best Lawyers Award Badge

                           
 
                               George Denegre, Jr.
Selected in 2018
Thomson Reuters 

Presentations

  • "2015 Jazz Fest CLE - Depositions," Louisiana State Bar Association, April 24, 2015
  • "Rule 30 (b) (6) Depositions & Subpoenas Duces Tecum: The Perils and Pitfalls," Louisiana State Bar Association's 26th Annual Summer School Revisited, December 11, 2014
  • 2014 LSBA Annual Meeting and Summer School: Rule 30(b)(6) Depositions and Subpoenas Duces Tecum: Perils & Pitfalls
  • "Ethical Issues in Complex and Multiparty Litigation," Louisiana State Bar Association, 2009
  • "Professionalism & Ethics: Watch Your P's & Q's," Louisiana State Bar Association, 2006
  • “Securities Law for the Non-Securities Lawyer,” Louisiana State Bar Association Summer School, 2001
  • Louisiana State Bar Association's Summer School Revisited, 2001

Publications

  • "Handling Harmful or Deficient Rule 30(b)(6) Deposition Testimony," with Carey L. Menasco, American Bar Association Section of Litigation Professional Liability Newsletter, Spring 2015,  Vol. 11, No. 2
  • "A Meaningful Rule 30(b)(6) Deposition Is Not Always Possible," with Carey L. Menasco, American Bar Association Section of Litigation Professional Liability Litigation Newsletter, Fall 2012, Vol. 9, No. 1
  • "Professional Malpractice Peremption: Clarified Through Adversity," 59 La. B. J. 176 (Oct./Nov. 2011)
  • "A Bull Market for Investor Claims: Disputes between Customers and Brokers/Brokerage Firms," (with John C. Anjier), 49 La. B.J. 283 (2001–2002)
  • "Tortious Interference and Unfair Trade Claims: Louisiana’s Elusive Remedies for Business Interference," (with Shannon S. Holtzman and John A. Lovett), 45 Loy. L. Rev. 395 (1999)
  • Note, "Carrier-Owned Shipping Container Found Not to Be a COGSA 'Package,'" 56 Tul. L. Rev. 1409 (1982)